Honeywell Appoints Executive Team for Aerospace Spin-Off

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Honeywell announced key leadership roles for Honeywell Aerospace, which will become an independent, publicly traded company following its planned spin-off in the second half of 2026. The company will be headquartered in Phoenix, Arizona, and trade on the Nasdaq under the ticker symbol “HONA.”

Josh Jepsen will join Honeywell Aerospace as Chief Financial Officer, effective February 23. He is currently Senior Vice President & Chief Financial Officer of Deere & Company, overseeing the company’s worldwide accounting and finance function and advising on major financial and strategic issues. Prior to this role, he held senior positions across finance, investor relations and accounting at Deere.

Bob Buddecke has been named President and Chief Executive Officer of Electronic Solutions. Buddecke brings more than 27 years of experience at Honeywell, where he has held key leadership roles focused on operational excellence, supply chain performance, strategic growth and cross‑business innovation.

Dave Marinick will become President and Chief Executive Officer of Engines & Power Systems. With more than 37 years at Honeywell, he brings deep expertise in business strategy, engineering leadership and large‑scale program management.

Rich DeGraff will serve as President and Chief Executive Officer of Control Systems. DeGraff’s career includes senior roles outside of Honeywell along with more than 17 years at the company where he has held a range of leadership positions emphasizing customer engagement, P&L ownership and business growth.

The business units they will lead are designed to sharpen strategic focus and align leadership with the company’s core technology platforms:

  • Electronic Solutions (ES) provides integrated avionics, navigation and sensors, electromagnetic defense and high-performance space solutions.
  • Engines & Power Systems (E&PS) supplies propulsion systems, auxiliary power units and electric power solutions.
  • Control Systems (CS) delivers mission-critical thermal and motion control systems that enable flight, life support and safety across all forms of aircraft.

Buddecke, Marinick and DeGraff will assume their new titles upon completion of the spin. All will report directly to Jim Currier, previously announced in November 2025 as the President and CEO of Honeywell Aerospace.

“These appointments position Honeywell Aerospace for long-term success as we advance toward launching an independent company that will play a vital role in the aerospace and defense industry,” said Jim Currier, President and CEO of Honeywell Aerospace. “Each of these leaders brings the skill, operational experience and deep customer focus needed to execute our strategy and drive continued growth as a pure-play aerospace business of our scale.”

As a standalone company, Honeywell Aerospace will be one of the largest publicly listed pure-play aerospace suppliers, with more than $15 billion in 2024 sales.1 Providing a comprehensive portfolio of mission-critical, market-leading systems, Honeywell Aerospace’s scalable technologies are featured on virtually every commercial and defense aircraft platform worldwide, making it uniquely positioned to capitalize on long-term growth trends.

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